NOT LISTED FOR SALE

2686 E Melrose St Gilbert, AZ 85297

Higley Neighborhood

Estimated Value: $1,210,759 - $1,586,000

6 Beds
3 Baths
3,238 Sq Ft
$430/Sq Ft Est. Value

About This Home

This home is located at 2686 E Melrose St, Gilbert, AZ 85297 and is currently estimated at $1,391,940, approximately $429 per square foot. 2686 E Melrose St is a home located in Maricopa County with nearby schools including San Tan Elementary School, Sossaman Middle School, and Higley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2023
Sold by
Welker Christopher and Welker Teresa
Bought by
Welker Living Trust and Welker
Current Estimated Value
$1,391,940

Purchase Details

Closed on
Mar 19, 2010
Sold by
Reed Kirk T and Reed Jennifer J
Bought by
Welker Christopher and Welker Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2006
Sold by
Morrow Jeffrey A and Morrow Kathleen B
Bought by
Reed Kirk T and Reed Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 11, 2000
Sold by
Okla Ghaleb and Okla Hend
Bought by
Morrow Jeffrey A and Morrow Kathleen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
8.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 1996
Sold by
Okla Ghaleb and Okla Hend
Bought by
Golden Jerry D and Golden Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,608
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Welker Living Trust -- None Listed On Document
Welker Christopher $415,000 Great American Title Inc
Reed Kirk T $725,000 Security Title Agency Inc
Morrow Jeffrey A $309,000 Chicago Title Insurance Co
Golden Jerry D $46,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welker Christopher $332,000
Previous Owner Reed Kirk T $580,000
Previous Owner Morrow Jeffrey A $247,200
Previous Owner Golden Jerry D $156,608
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,958 $48,126 -- --
2024 $4,190 $45,834 -- --
2023 $4,190 $83,900 $16,780 $67,120
2022 $4,014 $66,000 $13,200 $52,800
2021 $4,022 $55,410 $11,080 $44,330
2020 $4,079 $51,920 $10,380 $41,540
2019 $3,949 $50,420 $10,080 $40,340
2018 $3,784 $43,430 $8,680 $34,750
2017 $3,642 $38,880 $7,770 $31,110
2016 $3,661 $40,770 $8,150 $32,620
2015 $3,196 $38,680 $7,730 $30,950
Source: Public Records

Map

Arizona Maricopa County Gilbert 85297 Higley

2686 E Melrose St, Gilbert, AZ

Not Listed for Sale

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